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Schneider Electric eyes market in west China

2013-06-05 16:31 Xinhua     Web Editor: Gu Liping comment

China's west is opening and developing quickly with huge potential and Schneider Electric will increase its investment in the region, the French company's CEO said.

China will be a "very strong force" in the multipolar world, Jean-Pascal Tricoire, chairman and chief executive officer of Schneider Electric, told Xinhua in a recent interview.

The 50-year-old energy management specialist is expected to attend the Global Fortune Forum held in the southwestern Chinese city of Chengdu in June.

"I've been going to west China for the past 20 years," said Tricoire, whose company set up its first regional office in Chengdu in 1995.

He said that the Chinese government has put a lot of efforts into the region, saying an improved transportation system and modern infrastructure have made the area more accessible.

"When I go to Chengdu today, it is already a very modern city compared with five years ago. You don't see it as a developing city, but already a very well developed city," Tricoire said.

Schneider Electric has participated in many "big phases" in the development of west China, such as electrification, urbanization, industrialization and digitization.

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